LIC’s Jeevan Sugam

By Vivek Sharma on February 28, 2013 • ( Leave a comment )

Bank Fixed Deposit versus Jeevan Sugam

For 30 year old person for 1o year term.

	Bank FD	Jeevan Sugam
Risk Cover	o	3,37,590
Interest Rate	9.00%	8.76%
Effective Investment	29022	29022
Tax Saved 80CCE	8968	10432
Net Invested	20054	18590
Maturity Amount	68706	67200
Tax on Interest	12262	0
Net in Hand	56444	67200
Effective Yield	10.90%	13.71%

Categories: Life Insurance

Tagged as: Jeevan Sugam, LIC, LIC Jeevan Sugam, Life Cover, Life Insurance

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